Why We Can't Audit the Federal Reserve

We can't audit the Federal Reserve as Ron Paul and nearly the entire House of Congress has suggested.  That would result in a massive loss of confidence in the US government and the US market when the secrets of the Federal Reserve and their criminal Wall Street banksters are revealed once again.

If that happened, markets would be ravaged by higher interest rates on everything from credit cards, homes, cars, businesses, interbank lending, and  treasury bonds.  Then the TBTF banks that hold nearly 90% of the nation's assets would begin a tidal waves of forecloses not seen since the 1930's.  The 30% of homeowners now underwater would give up hope that their home was an investment and flee when the their jobs were eliminated as a result of the economic impact.  Banks would refuse to negotiate and continue picking up the depressed and deflated assets for pennies on the dollar like used toys at a garage sale.  Like no other time in recent history the banks would become our masters.

As rates rose, the 20% of the homeowners now with adjustable rate mortgages would see their monthly payments surge until the pinch was too hard they would have to walk away.

Combined with the ageing workforce, the unemployed, underemployed, overworked, and underpaid would suffer with bad FICO scores and the psychological wounds of bankruptcy and financial failure all the while straining the existing city, state, and Federal social programs while a shrinking labor force would bear the tax burden, not to mention the inflationary pressures, and reduced purchasing power of the US dollar in world markets.  The wealthy would survive as they always do since they have already figured out ways to avoid taxation. The rest of us would suffer immensely.

The number of homeless would rise.  Social unrest would become a daily event across the country.  The stress levels would escalate until the healthcare problems became acute.  Sickness and crime would bubble up like the plague all across the country.  Racial tensions would escalate as victims and pundits blame everyone else but themselves.

No, we can't audit the Federal Reserve because that would expose the hollow American economy, a divided nation, and fragile society, and yes, even weaken national security.

When the foreigners stop buying our treasuries to finance our debt, either because they learn of our atrocities in their land, or they finally feel they have the upper hand with us weakened by social unrest and political lockjaw, the government deficit will no longer have cheap financing and the cost of war will become unthinkable.  We would have to pull our troops from the over 1000 secret and exposed military bases, torture sites and safe houses.  Our empire would crumble like Rome, exposing us for what we really are at the moment; a fascist empire greater than Hitler and his Nazi supporters every dreamed of.

Of course the first thing all of you would do is DENY this is the case.  You would DENY that we are fighting wars overseas for oil, gas, gold, silver, copper, and shipping channels.  You would deny that we are selling weapons and running drugs.  You would deny that the government has done anything wrong and if somehow you were convinced they were screwing up you would blame the Democrats or the Republicans.

We would start to get ANGRY with our fellow citizens, our neighbors, those who are not like us; the newcomers,  the Jews, the whites, the Mexicans, etc.  We would start blaming each one of these communities for each of our problems to the point that some would even go beyond fighting words to actual physical fighting.

(That's the plan you see.  It is called Divide and Conquer.  The british have used that strategy ever since they learned it from the Chinese in the 1600's during the Opium Wars.)

We start fighting with each other over the mess that they have made and they crack down with martial law, tariffs, taxes, abductions, censorship, imprisonment, and murder.  They would do this all the while cutting social benefits such as teachers, unemployment, medicare, medicaid, libraries, and of course any form of due process.

Our military would wind up for a fight.  The Pentagon, directed by think tanks loyal to Israel, would raise the fear of terrorism high enough until they could justify another war.  (Of course, let it be known that America doesn't just go to war because a bunch of politicians and media hacks call for it.  No, we typically only go to war when there is an attack on our soil, our men, or our interests.  The USS Maine, the USS Liberty, the USS Maddox, the fleet at Pearl Harbor, or the towers and Pentagon on 9/11.  These are all American military, government, or commercial targets that we were told were hit by foreign enemies and provoked us into war.   A war follows every attack on our interests soon after these false flags.  A false flag like 9/11, a new Pearl Harbor would distract the nation from our own problems and focus our attention on a foreign enemy.  All the while the government would rachet up martial law at home and war abroad.)

Then we will start to feel helpless and vulnerable and everyone will be willing to accept the solutions that are presented to us.  (Create a problem and provide a solution is a tactic used to get the weak to accept oppression and heightened security at the cost of our liberty.  It is also used to slip new laws through Congress during the lame duck session, like the Patriot Act of 2001 and the Federal Reserve Act of 1913.)  Desperate and hungry, we would begin BARGAINING with anyone we can just to stay afloat, to stay in our homes, to keep our jobs, or to stay off the streets.  Selling our lands, our cars, our bodies, and our souls to stay alive.

But that's not the path we should take.

What We Should Do.

Instead of letting all this happen to us like wimpy victims, we should stand up and force our local governments to take over the homes in foreclosure and sell them to local residents already devastated by the crisis.  The financing for these purchases can only come from local community banks like credit unions.

This alone would eliminate the Too Big to Fail (TBTF) banks that have sucked us dry on every occasion.  We would save money by investing local.  Local economies would thrive with the return of all the local money and prosperity.

The decentralization would weaken the Federal government, upsetting the puppetmasters (our shadow government) who would take it our on their debt slaves (that's you and I) while the local city states would rise again, free of Federal oversight and restrictions.

Much much more would need to be done with regards to energy efficiency to ensure civilized living and a better quality of life.  Many more things would need to be made locally, sold locally, and reused locally.

This is because without our military to bank them up, the big oil companies that were spun off of Standard Oil in 1911 would no longer enjoy cheap oil abroad.  With the cost of oil exploding like a a volcano, the food industry would come to a screeching halt.  People would literally starve because their berries couldn't be imported from Chile off season for the same low price.  Domestic farmers would go bankrupt when their overseas markets closed up on them and they couldn't buy the genetically modified seeds every year or pay for equipment to harvest their crops.

Yes, we should localize.  We need a transition in economy, a transition in culture, a transition in government, and a transition in energy if we are going to survive the next century.